A rising proportion of the UK’s makers are setting sustainability targets, but find it difficult to assess their suppliers’ ESG progress.
Audit is ‘not a fun place to be’; Kemi Badenoch unseats Post Office chair Henry Staunton; how do you tell who owns a company?
Thinktank criticises the Financial Reporting Council for deleting ‘pretty tame’ measures related to ESG from the latest version.
Reporting on internal controls is a key feature of the scaled-down 2024 update, as is the principle of ‘comply or explain’.
While the Financial Reporting Council has no power over the Post Office, it might investigate audit work at the quango.
ESG fund launches tail off drastically in 2023; Financial Reporting Council fines firms £33.2m; CEOs should be the ‘voice of reason’.
In what may prove an ‘interesting time’ for boards, this year’s governance challenges include reporting changes, sustainability and AI.
Supply chain warning; Japan improves corporate governance; FRC drops proposals; BP penalises Looney; US investors resist high pay.
FRC review of audit market competition reveals 98% market share that ‘leaves little room for challengers to emerge’.
The UK pension fund notes in voting guidelines that the ISSB reporting standards IFRS S1 and S2 should be seen as a ‘minimum’.